How to print Y axis label horizontally in a matplotlib / pylab chart?

I'm creating very simple charts with matplotlib / pylab Python module. The letter "y" that labels the Y axis is on its side. You would expect this if the label was longer, such as a word, so as not to extend the outside of the graph to the left too much. But for a one letter label, this doesn't make sense, the label should be upright. My searches have come up blank. How can I print the "y" horizontally?